As your browser does not support javascript you won't be able to use all the features of the website. We strongly recommend you to enable the javascript in your old browser's settings or download a new one.

Does Supermicro's Pre-Announcement Signal More Pain For Software Earnings?

Invest with Confidence. Are you a financial professional? Stay on top of your portfolio with Benzinga Pro's real-time newsfeed and alerts and never miss a headline again.
Don't miss the chance to try it FREE today.

Last week, Super Micro Computer, Inc.SMCI 1.27% pre-announced some disappointing Q1 revenue numbers. But what does the company’s weak Q1 mean for its stock and for other software companies that will report Q1 earnings this week?

Clearly the market was disappointed with the news of Q1 revenue in the $530-530 million range, the very low end of the previous guidance of $530-580 million. The stock dropped 19.6...